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A company pays 18% dividend and its ₹ 100 share is available at a premium of 20%. The number of shares bought for ₹ 7,200 is ______. - Mathematics

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प्रश्न

A company pays 18% dividend and its ₹ 100 share is available at a premium of 20%. The number of shares bought for ₹ 7,200 is ______.

विकल्प

  • 1080

  • 90

  • 60

  • 540

MCQ
रिक्त स्थान भरें

उत्तर

A company pays 18% dividend and its ₹ 100 share is available at a premium of 20%. The number of shares bought for ₹ 7,200 is 60.

Explanation:

F.V of one share = ₹ 100

M.V of one share

= ₹ 100 + 20% premium

= `₹100  + ₹(20/100 xx 100)`

= ₹ (100 + 20)

= ₹ 120

No. of shares bought for 7200

= `7200/120`

= 60

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